Both usually pay obligatory obeisance to that ultra-scarce resource in India: Human capital. Mr Nadella on his recent visit said: "There is no denying that anyone who does not tap into India's human capital is making a choice to not be competitive."
At one level, Mr Nadella's statement can be read as an urgent message to the incoming Trump administration not to monkey around with the H-1B visa system that Silicon Valley has so profitably exploited for decades. It can also be interpreted as a reflection of the emerging global capability centres in India that enable US corporations to deploy IT-educated Indian "human capital" at minimal cost. This is the usual understanding of such complimentary statements. What few successful Indian-origin CEOs choose to address is why Indian businesses have not produced equivalents to Nadella, Pichai and others like them in the Indian business environment. After all, there is no shortage of top quality graduates from India's premier engineering and management institutes in Indian companies.
Bu hikaye Business Standard dergisinin January 09, 2025 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin January 09, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
'When movies connect, they go to another level'
At 1,745 screens, PVR Inox is the largest multiplex chain in India. But the ₹6,200 crore (2023-24 revenue) chain has seen its stock being hammered in the market. The buzz is that the cinema business is in trouble. Its managing director, AJAY BIJLI, in a quick chat with Vanita Kohli-Khandekar, talks about the state of the movie business and his prognosis for 2025. Edited excerpts:
Ticket prices may make 2025 a hit after dud 2024
Pushpa 2: The Rule broke box-office (BO) records not only due to Allu Arjun reprising his role as Pushpa Raj but also because of a surge in the movie's average ticket price (ATP).
Fall in ₹, Win Some, Lose Some for Auto Industry
While exporters benefit, import-dependent firms expected to struggle
Rupee volatility likely to drive imported car prices off course
Luxury car sales touched 51K units for first time in '24
Recovery agents in demand as banks' unsecured loan stress rises
Between Jul and Dec, number of such agents grew by almost 50%
Import stats for gold, silver, electronics lowered for Apr-Nov
The central government has revised downwards the import data for precious metals such as gold and silver by $11.69 billion and $950 million, respectively, during the first eight months of the financial year (2024-25), Directorate General of Commercial Intelligence and Statistics (DGCI&S) data showed.
One-time Customs amnesty scheme likely in Budget
The Union government is considering introducing a one-time amnesty scheme in the FY26 Budget to be presented on February 1, similar to the Vivad Se Vishwas scheme for income tax, to resolve pending Customs disputes, a senior government official said on condition of anonymity.
Now playing: The making of one cinema market
In 2024, Indians bought 883 million movie tickets, 6 per cent fewer than in the previous year.
TCS Q3 Net Profit Jumps 12%, Misses Estimates
IT behemoth's revenue swells 5.6%; North America remains a drag
Indian cos vie to top future tech adoption chart
Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest \"Future of Jobs\" report released on Wednesday.
